Manager, Product Control
About The Position
The Product Control Manager is a critical independent control function supporting the company’s commercial and trading activities. This role is accountable for the integrity, transparency, and auditability of P&L, valuations, and risk reporting, while serving as a strategic partner to Front Office, Risk, Credit, and Accounting. The position sits at the intersection of financial control, commercial decision support, and risk governance, providing both after-the-fact assurance and forward-looking insight into earnings, exposures, and sensitivities. The Product Control Manager plays a central role in strengthening the firm’s control framework as trading and commercial complexity scales.
Requirements
- Bachelor’s degree in Finance, Accounting, Economics, Mathematics, or a related field (CPA, CFA, or FRM preferred).
- Typically 8–12+ years of experience in Product Control, Trading Support, Market Risk, or Commercial Finance within energy, commodities, or financial trading environments.
- Strong understanding of trade lifecycles, P&L attribution, valuation concepts, derivatives, and physical commodity structures.
- Hands-on experience with ETRM/CTRM platforms (OpenLink/Endur strongly preferred).
- Proven people leadership experience with the ability to operate as an independent control authority.
Responsibilities
- Own end-to-end daily, monthly, and quarterly P&L processes, including validation, attribution, and variance analysis across physical and financial commodities.
- Ensure robust control over valuation methodologies, pricing curves, model inputs, and market data, in line with internal policies and governance standards.
- Review and challenge trading results, ensuring issues are identified, escalated, and resolved with appropriate independence.
- Act as a trusted but independent partner to Front Office, providing insight into the financial and valuation impact of trading strategies, new deals, and structured transactions.
- Support new product onboarding and deal review, ensuring accounting, valuation, and control implications are fully assessed before execution.
- Interface closely with Market Risk and Credit to ensure consistent views of exposure, limits, and performance.
- Oversee product control activities within ETRM systems (e.g., OpenLink/Endur), including trade capture validation, lifecycle events, and system-generated P&L.
- Drive enhancements to systems, data quality, automation, and reporting, reducing manual intervention and operational risk.
- Design, own, and continuously enhance product control policies, procedures, and internal controls aligned with audit and regulatory expectations.
- Serve as a key point of contact for internal and external audits, including documentation, walkthroughs, issue remediation, and control testing.
- Ensure appropriate governance, escalation, and accountability for control breaches or material reporting issues.
- Lead, coach, and develop a team of product control and trading support professionals.
- Set a strong control culture, reinforcing ownership, rigor, and professional skepticism across the team.
- Drive performance standards, role clarity, and capability development consistent with a growing, complex commercial environment.
- Provide management with forward-looking views on earnings drivers, risk exposures, and sensitivities to market movements.
- Support planning, forecasting, and scenario analysis in partnership with FP&A, Risk, and Commercial teams.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
